PayPal waives fees for Ukrainians and expands services

Monday 21 March 2022 10:31 CET | News

PayPal has facilitated money transfers to Ukraine for people who fled the country as refugees.

PayPal is expanding its services in Ukraine, providing customers with more ways of sending money to people in the country, as well as those who've fled as refugees.

New and existing users can now make peer-to-peer (P2P) payments and transfer funds from their Ukrainian PayPal Wallet into a bank account via an eligible debit or credit card. People could previously only use the platform to send money out of the country.

The company, as well as its international remittance service Xoom, also temporarily waived fees for payments sent to or from Ukrainian PayPal accounts. Charges from a customer's card issuer or bank, however, may still apply. The move comes after Deputy Prime Minister of Digital Transformation of Ukraine, called on the financial tech firm to do more for the invaded country.

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Keywords: PayPal, money transfer, Russia Ukraine War, remittance, P2P payments
Categories: Payments & Commerce
Countries: Ukraine
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